Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
VIDEOS
Economy

Supreme Court to hear all petitions against cryptocurrency ban today

Updated : September 11, 2018 02:55 PM IST

The Supreme Court on Tuesday is likely to hear all petitions against the cryptocurrency ban by the Reserve Bank of India(RBI).

While crypto investors filed a complaint against the ban, the top court had refused to lift RBI's ban on cryptocurrency dealing.

Earlier in July, RBI had told the Supreme Court that allowing dealings in cryptocurrencies like Bitcoins would encourage illegal transactions and it has already issued a circular prohibiting the use of these virtual currencies.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV